Discussion Post: Information Technology
In 250 words or more, answer the following.
Your webtext says, "In the world of finance, there is one certainty: you must take more risk to earn a higher return." It then identifies the following types of risk: inflation risk, business risk, interest rate risk, and liquidity risk.
Risk is a consideration in many of the decisions we make. Describe a risky financial decision made by you or someone else. What were the downsides of the decision? What were the upsides? How might your financial goals and personal financial plan impact the amount of risk you are willing to take on regarding a financial decision?
Example of a risky financial decision: Withdrawing money from your retirement savings to fund a business start-up.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.